SNA - Temasek's Invidia buys India's Sharak Pharma for Rs 100Cr

Singapore-based speciality biopharmaceutical company Invida Group Private Limited has acquired the dermatology and baby care product brands of Delhi-based Shalaks Pharmaceuticals Pvt. Ltd. for Rs 100 crore. The transaction also includes acquisition of trademarks and technical know-how for the dermatology and baby care portfolio. Invida Group is a three way venture between Quintiles, a pharmaceutical services organization, Singapore sovereign wealth fund Temasek Holdings and Zuellig Group,...

Full article: http://singaporenewsalternative.blogspot.com/2011/11/tema...

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